Syuppin Co., Ltd. · TSE:3179
Syuppin — Q1 FY2019 Earnings Presentation
17 slides from Syuppin's earnings presentation, 2018
Slide 1: Presentation Materials for 1Q of FY2019
2018年3月期 第2四半期決算説明会資料 Presentation Materials for 1Q of FY2019 Syuppin Co., Ltd. All Rights Reserved, Copyright(C) Syuppin Co., Ltd.
Slide 2: Corporate Information
Corporate Information Name Syuppin Co., Ltd. Securities Code 3179 Representative Naohiko Ono Head Office 3F Nikko Bldg., 14-11 Nishi-Shinjuku 1-chome, Shinjuku-ku, Tokyo, Japan Date of August 2005 Establishment Business Safe and secure online trading of valuable used items No. of Employees 195 (as o
Slide 3: Highlights
Highlights ▶The first three months resulted in net sales and operating income being almost in line with the plan. ▶Net sales: Up 14.8% year on year, exceeding the plan →Used and new items of camera and watches continued to perform well. ▶Operating income: Up 8.5% year on year →Progress in profits wa
Slide 4: Highlights: Trend in monthly net sales by sales channel
Higlights:Trend in monthly net sales by sales channel ▶ Net sales grew steadily in all channels. ▶ Online sales increased by 12% to 17% year on year every month. （Million yen） 2,500 Store net sales (excl. duty-free sales) Online net sales Duty-free sales 2,000 1,500 1,000 500 0 Jan Feb Mar Apr May J
Slide 5: Highlights: Trends in net sales by channel and by new/used item
Highlights: Trends in net sales by channel and by new/used item （Million yen） Online net sales 2,000 New items Used items 1,800 1,600 1,400 Store net sales 1,200 (excl. duty-free sales) （Million yen） 1,000 1000 800 800 Duty-free sales 600 600 （Million yen） 400 400 400 200 200 200 0 0 0 Jun Jun Jun A
Slide 6: Highlights: Trend in Ratio of Used Items to Total Sales
Highlights: Trend in Ratio of Used Items to Total Sales Net sales of used cameras and watches remained steady. In particular, used watches continued to perform well. （%） 55.0% 52.2% 50.5% 49.5% 50.0% 49.9% 48.8% 48.3% 48.0% 48.0% 48.0% 48.3% 46.1% 45.7% 45.2% 45.4% 47.4% 45.0% 44.4% 44.0% 44.3% 44.3
Slide 7: Review of the 1Q for the Fiscal Year Ending March 31, 2019
Review of of the 1Q for the Fiscal Year Ending March 31, 2019 ▶Year-on year changes: Increases in net sales and profits. Slightly lower increases in profits were partly attributable to increased expenses for the expansion of logistical spaces. ▶Profitability: Down 0.4% from 1Q of FY03/2018 Reason: C
Slide 8: Year-on-Year Changes in Net Sales and Incomes by Segment
Year-on-Year Changes in Net Sales and Incomes by Segment （Million yen） FY03 FY03/2019 Q1 /2018 Q1 Segments/Sales Channel Remarks YoY% Actual Actual Change Online net sales 3,409 3,942 115.6% ▶Online net sales grew steadily Store net sales 1,421 1,444 101.7% Growth in store net sales was affected by
Slide 9: Year-on-Year Change in SGA Expenses
Year-on-Year Change in SGA Expenses ▶SGA ratio to net sales: Decreased to the 12% level. ▶Promotion expenses and commission fees increased due to an increase in net sales (variable expenses). （Million yen） FY03/2018 Q1 FY03/2019 Q1 Year-on-Year Change Ratio to net Ration to net Actual sales Actual s
Slide 10: Year-on-Year Changes in Balance Sheet
Year-on-Year Changes in Balance Sheet ▶ Due to strong purchases, the inventory of valuable items increased approximately 1,000 million yen from the end of the previous year. （Million yen） FY03/2019 Q1 FY03/2018 ctual Change Current assets 7,692 7,987 +295 Merchandise 4,194 5,156 +962 Non-current ass
Slide 11: Trends in Quarterly Net Sales by Segment
Trends in Quarterly Net Sales by Segment Net sales increased year on year in the camera, watch and bicycle businesses. （Million yen） 9,000 121 121 Cameras Watches Stationery Bicycles 100 156 113 137 8,000 140 124 90 82 132 94 7,000 138 140 2,174 1,980 75 83 83 2,141 2,115 105 134 6,000 118 83 81 122
Slide 12: Trends in Quarterly Net Sales by Sales Channel
Trends in Quarterly Net Sales by Sales Channel Year-on-year comparisons: Net sales increased in every channel. （Million yen） 9,000 Duty-free sales 8,000 Store net sales (excl. duty-free sales) 752 920 795 825 Online net sales 7,000 516 526 538 462 322 412 2,396 2,212 6,000 970 2,055 1,085 224 2,288
Slide 13: Trends in Quarterly Operating Income and Operating Margin
Trends in Quarterly Operating Income and in Quarterly Operating Margin ▶Operating income was up 8.5% year on year. ▶Profits rose despite expenses for the expansion of logistical spaces and the improvement of systems for more efficient operations. （Million yen） （％） 600 7.0% Operating income(Left) Ope
Slide 14: Trends in the Quarterly Number of Online Members & Members' Attributes
Trends in the Quarterly Number of Online Members & Membersʼ Attributes ▶ Monthly increases in new members stood continuously at the 3,000 level. ▶ The number of online members exceeded 370,000. 371,318 370,000 360,958 10,653 New members 360,000 Regional distribution of online members 348,518 12,710
Slide 15: Supplementary Material: Trends in Online Purchases of Used Cameras
Supplementary Material: Trends in Online Purchases of Used Cameras ▶Year-on-year changes: Online purchases were up 8.7%, showing continuous increases since a significant increase was achieved in the period of the previous year thanks to the One-to-One Marketing approach. ▶The enhancement of the One-
Slide 16: Supplementary Material: Trends in Receive-First Send-Later Transactions
Supplementary Material: Trends in the Number of Receive-First Send-Later Transactions 8,000 the Number of Send-Later Transactions 7,000 the Number of Receive-First Transactions 6,000 3,820 3,251 5,000 3,369 3,159 3,265 3,256 3,238 4,000 3,174 2,694 2,519 2,919 3,000 2,734 2,537 2,641 2,268 2,000 3,5
Slide 17: Notes on Forward-Looking Statements
Notes on Forward-Looking Statements The materials and information provided in this presentation contain forward-looking statements. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and involve uncertainties. For this reason, the actual outcom